1. Articles in category: BoardNews

    49-72 of 9449 « 1 2 3 4 5 6 ... 392 393 394 »
    1. Papa John's Sales Fall Less Than Expected Under New Chairman

      Papa John's Sales Fall Less Than Expected Under New Chairman

      Papa John’s International Inc.’s (PZZA.O) sales topped analyst estimates, indicating the pizza seller is getting its mojo back under new management. Comparable sales in North America fell 6.9 per cent last quarter, beating projections for a 7.3-per-cent fall and slowing the recent pace of declines. The results are the first under new chairman Jeffrey Smith. The chain is pushing to bolster its advertising, and in March brought in a new global marketing head from Subway Restaurants...

      Read Full Article
    2. SAP CEO Welcomes 'Fantastic' Activist Shareholder Elliott

      SAP CEO Welcomes 'Fantastic' Activist Shareholder Elliott

      (Reuters) - SAP CEO Bill McDermott on Tuesday welcomed a $1.3 billion (993 million pounds) investment by activist investor Elliott, saying the U.S. hedge fund group was aligned with his goal of expanding margins by driving top-line growth. "They have been a fantastic investor. I am very proud they have chosen SAP," McDermott told reporters on Tuesday at Sapphire Now, SAP's annual U.S. user conference in Orlando, Florida...

      Read Full Article
    3. Gannett MNG Fight: Gannett Gets Glass Lewis Backing in Takeover Clash

      Gannett MNG Fight: Gannett Gets Glass Lewis Backing in Takeover Clash

      A shareholder advisory service sided with Gannett in its effort to fend off the hostile takeover attempt of a hedge fund-controlled newspaper company. Glass Lewis, which advises shareholders on governance issues, recommended that Gannett stockholders reject the unsolicited bid and board nominees from MNG Enterprises...

      Read Full Article
    4. Buffett Sees a Lot to Dislike in U.S. Companies

      Buffett Sees a Lot to Dislike in U.S. Companies

      What’s wrong with Corporate America? Just ask Warren Buffett. The chairman and CEO of Berkshire Hathaway Inc. and his longtime business partner, Charlie Munger, spent the weekend riffing on highly paid corporate board members who aren’t truly independent; committee meetings that waste time; and best practices embraced by managers that may not necessarily work...

      Read Full Article
    5. A Hot New Activist Fund is Pushing for Change at Wyndham Hotels to Save the Company Money and help the Environment

      A Hot New Activist Fund is Pushing for Change at Wyndham Hotels to Save the Company Money and help the Environment

      Impactive Capital Co-founder Lauren Taylor Wolfe told attendees at the Sohn Investment Conference that her firm is going to advocate for changes to Wyndham Hotels' energy use to increase the value of the hotel chains' stock. Wyndham, which includes brands like Days Inn and recently bought La Quinta Inns, is protected from new competition like AirBnB because of its low prices, Wolfe said...

      Read Full Article
    6. Hedge Fund Marcato Will Fight Against Acreage's Sale to Canopy Growth

      Hedge Fund Marcato Will Fight Against Acreage's Sale to Canopy Growth
      • Activist hedge fund Marcato Capital Management says it will vote against marijuana retailer Acreage Holdings' landmark sale to Canopy Growth.
      • Canopy Growth paid $300 million in April for the right to buy Acreage Holdings pending the federal legalization of marijuana in the US.
      • The shareholder vote is expected to happen in June...
      Read Full Article
    7. Hudson’s Bay Looks to Put Troubled Lord & Taylor on the Block

      Hudson’s Bay Looks to Put Troubled Lord & Taylor on the Block

      The retailer said Monday that it is pursuing ‘strategic alternatives’ for the U.S. chain as part of its strategy to focus on bigger opportunities Hudson’s Bay Co. is considering selling its troubled U.S. Lord & Taylor department-store chain. The Toronto-based retailer, whose chains include its namesake and Saks Fifth Avenue, said on Monday it is pursuing “strategic alternatives” for Lord & Taylor, among them a possible sale or merger as part of its strategy to focus on its biggest opportunities...

      Read Full Article
    8. Velan Delivers Letter to the Board of Progenics Pharmaceuticals

      Velan Delivers Letter to the Board of Progenics Pharmaceuticals

      ALPHARETTA, Ga., May 6, 2019 /PRNewswire/ -- Velan Capital, L.P. (together with its affiliates, "Velan"), one of the largest stockholders of Progenics Pharmaceuticals, Inc. (the "Company")(NASDAQ: PGNX), today announced that it has delivered a letter to the Board of Directors (the "Board") of the Company expressing its concerns with the Company's persistent underperformance and poor corporate governance practices and stating its intent to hold certain members of the Board accountable at the Company's 2019 Annual Meeting of Stockholders...

      Read Full Article
    9. Carl Icahn Takes Small Stake in Occidental Petroleum, Amid Bidding War for Anadarko

      Carl Icahn Takes Small Stake in Occidental Petroleum, Amid Bidding War for Anadarko

      Activist investor Carl Icahn has taken a small stake in Occidental Petroleum, people close to the matter told CNBC on Friday. The company is in the middle of a rare bidding war for Anadarko Petroleum, having bid $38 billion for its smaller rival. Chevron had previously bid $33 billion for Anadarko. Shares of Occidental jumped 2% in extended trading Friday, immediately following the news...

      Read Full Article
    10. Hudbay Minerals Reaches Settlement with Investor on Board Composition

      Hudbay Minerals Reaches Settlement with Investor on Board Composition

      TORONTO - Hudbay Minerals Inc. says it has reached a settlement agreement with an activist investor that wanted changes to company leadership. The Toronto-based miner says it has agreed with Waterton Global Resource Management on a slate of 11 board of director candidates for the company's May 7 annual meeting. The slate includes seven incumbent directors, one Hudbay nominee, one shared nominee and two Waterton nominees...

      Read Full Article
    11. Armstrong Flooring Appoints Board Chair Larry McWilliams Interim CEO

      Armstrong Flooring Appoints Board Chair Larry McWilliams Interim CEO

      LANCASTER, Pa.--(BUSINESS WIRE)--May 3, 2019--Armstrong Flooring, Inc., (NYSE:AFI) North America’s largest producer of resilient flooring products, today announced that its board of directors and Donald R. Maier, President and Chief Executive Officer, have mutually agreed that Mr. Maier would step down as CEO, effective immediately...

      Read Full Article
    12. Warren Buffett says Berkshire Hathaway is Buying up Shares of Amazon, Hours Before its Big Annual Shareholders' Meeting

      Warren Buffett says Berkshire Hathaway is Buying up Shares of Amazon, Hours Before its Big Annual Shareholders' Meeting
      • Berkshire Hathaway has bought shares of Amazon, according to a CNBC report on Thursday.
      • Warren Buffett, Berkshire's chairman and CEO, did not directly purchase the Amazon shares himself.
      • "Yeah, I've been a fan, and I've been an idiot for not buying," Buffett said according to CNBC, referring to Amazon shares. "But I want you to know it's no personality changes taking place."...
      Read Full Article
    13. Dan Loeb's Third Point Builds Position in PG&E's Debt

      Dan Loeb's Third Point Builds Position in PG&E's Debt

      (Bloomberg) -- Dan Loeb’s Third Point has built a sizable position in the debt of embattled California utility PG&E Corp., according to a person familiar with the matter. The New York-based hedge fund listed PG&E as its fifth-largest investment in its monthly letter to investors, according to a copy of a letter reviewed by Bloomberg...

      Read Full Article
    14. Activist Investor Says He’ll Likely Lose His Bid to Get on Barclays' Board - But Will Still be Thorn in Management’s Side

      Activist Investor Says He’ll Likely Lose His Bid to Get on Barclays' Board - But Will Still be Thorn in Management’s Side
      • Activist investor Edward Bramson believes he will fail in his attempt to gain a seat on the board of Barclays.
      • Bramson told reporters that he would likely be unsuccessful in his bid to shake up the bank's management with his move set to be rejected.
      • The 5.5% shareholder is keen to shake up Barclays' investment banking operation but conceded that it could be maintained while also making it a worthwhile investment for shareholders, at the bank's AGM Thursday...
      Read Full Article
    15. Barclays Bats off Bramson as Activist Investor Concedes Defeat

      Barclays Bats off Bramson as Activist Investor Concedes Defeat

      Barclays has scored a victory against activist investor Edward Bramson, who has conceded defeat in his attempt to gain a seat on the British bank’s board. Mr Bramson – whose investment vehicle Sherborne Investors owns a 5.5% stake in Barclays – had been trying to muscle his way on to the top table, while also calling on the lender to curtail its investment arm and increase returns for investors...

      Read Full Article
    49-72 of 9449 « 1 2 3 4 5 6 ... 392 393 394 »
  1. Categories

    1. BoardProspects Features:

      BoardBlogs, BoardKnowledge, BoardMoves, BoardNews, BoardProspects Announcements, BoardProspects CEO, CEO Blog, In the News, Partner Publications, Sponsored Content
  2. Popular Articles

  3. People in the News

    1. (10 articles) Executive Compensation
    2. (6 articles) SEC
    3. (6 articles) Warren Buffett
    4. (5 articles) Leadership
    5. (4 articles) Carl Icahn
    6. (4 articles) Wells Fargo
    7. (4 articles) Jamie Dimon
    8. (2 articles) Paul Singer
    9. (2 articles) Credit Suisse
    10. (2 articles) Al Walker
    11. (2 articles) Brian Duperreault
    12. (2 articles) Shareholder Proposal
  4. Organizations in the News

    1. (48 articles) MDC Partners
    2. (15 articles) ISS
    3. (13 articles) AMP
    4. (12 articles) Glass Lewis
    5. (11 articles) Bloomberg
    6. (9 articles) Chevron
    7. (6 articles) Nasdaq
    8. (6 articles) Occidental Petroleum
    9. (6 articles) Anadarko
    10. (5 articles) Bayer
    11. (5 articles) JPMorgan
    12. (5 articles) Conference
  5. Locations in the News

    1. (21 articles) Management
    2. (20 articles) Investors
    3. (16 articles) Investment
    4. (14 articles) Corporate Governance
    5. (10 articles) Annual Meeting
    6. (8 articles) Activist Investors
    7. (6 articles) Hedge Fund
    8. (1 articles) Board Chair
    9. (1 articles) Opinion
    10. (1 articles) Stock Market
  6. Subjects in the News

    1. (68 articles) Board of Directors
    2. (22 articles) stock options
    3. (16 articles) stake
    4. (12 articles) Wall Street
    5. (12 articles) Bank
    6. (12 articles) earnings
    7. (10 articles) risk
    8. (9 articles) acquisition
    9. (9 articles) California
    10. (8 articles) shareholder value
    11. (7 articles) crisis
    12. (6 articles) Climate Change